Elecosoft (LON:ELCO) Shares Down 1.9%

Elecosoft PLC (LON:ELCO) was down 1.9% during mid-day trading on Thursday . The stock traded as low as GBX 77 ($1.01) and last traded at GBX 78 ($1.03), approximately 25,000 shares traded hands during mid-day trading. A decline of 17% from the average daily volume of 30,015 shares. The stock had previously closed at GBX 79.50 ($1.05).

Separately, FinnCap reaffirmed a “corporate” rating on shares of Elecosoft in a research note on Tuesday, January 21st.

The company has a market cap of $64.15 million and a P/E ratio of 28.89. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 55.64. The firm’s 50 day moving average price is GBX 79.91 and its 200-day moving average price is GBX 77.37.

About Elecosoft (LON:ELCO)

Elecosoft plc provides software and related services to the architectural, engineering, construction, and owner/operator industries in the United Kingdom, Scandinavia, Germany, rest of Europe, the United States, and internationally. The company offers project management software under the Powerproject brand; cost estimating software under the Bidcon brand; CAD/design software solutions under the Arcon Evo and o2c brands; Interiormarket, an industry-specific and modular marketing solution; engineering software solutions under the Staircon and Statcon brands, as well as under the Framing name; and information management solutions under IconSystem and MarketingManager brands.

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